ZhongAn Bank is the first bank in Hong Kong to obtain a license to issue stablecoins. It has been increasingly favored within the industry, turning profitable last year. However, its parent company, ZhongAn Online, has seen its stock price hit new lows year after year, with a current market capitalization of only 20 billion HKD. A single Dogecoin is worth hundreds of billions of RMB. Compared to that, I prefer to invest in future industry leaders and look for opportunities to build positions.

DOGE3,06%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes